Lagardère Travel Retail announces that its GHG emissions reduction targets were officially approved by the Science Based Targets initiative (SBTi).

The company commits to reduce its direct GHG emissions (Scopes 1 and 2) 42% by 2030 from a 2024 base year and to reduce its indirect GHG emissions (Scope 3) 25% within the same timeframe.

Through its global CSR strategy PEPS (Planet. Ethics. People. Social), Lagardère Travel Retail is deploying clear, measurable and impactful actions to reduce its environmental footprint, promote ethical business practices, support its people and engage with local communities. These efforts are being rolled across the company’s own operations and in collaboration with its partners.

“This validation by the SBTi confirms the strength and ambition of our climate strategy,” said Frédéric Chevalier, CEO of Lagardère Travel Retail, in a statement. “At Lagardère Travel Retail, we are committed to taking a leadership role in the sustainable transformation of our industry, embedding environmental responsibility at the heart of our growth model. It is a firm commitment, essential to securing a more sustainable operations for our customers, partners, brand partners, and future generations.”

One of the two priority divisions of Lagardère group, Lagardère Travel Retail is a global travel retailer that provides the needs of travelers and partners across travel essentials, duty free, fashion and dining.